Wolford

Odyssey Retail Advisors Announces Expansion

Retrieved on: 
Wednesday, May 10, 2023

“This expansion will further enable the Odyssey team to partner with prominent landlords and retailers in two highly competitive and diverse markets,” stated Principal and Co-founder Richard Johnson at Odyssey Retail Advisors.

Key Points: 
  • “This expansion will further enable the Odyssey team to partner with prominent landlords and retailers in two highly competitive and diverse markets,” stated Principal and Co-founder Richard Johnson at Odyssey Retail Advisors.
  • Sharon is a longstanding member of the Magnificent Mile Association and was the founder of Women in Retail Leasing, a specialty group for women in the retail real estate industry.
  • She specializes in retail, mixed-use and lifestyle brands in Chicago’s major retail neighborhoods and exclusive suburbs.
  • Our strength in upscale retail advisory is growing exponentially with the background and expertise these teams bring to our brand,” said Rick Strauss, a Principal at Odyssey.

Lanvin Group Posts Record Sales and Continued Margin Improvement in 2022. Revenues Up 37% Year-over-Year.

Retrieved on: 
Thursday, April 20, 2023

Continued positive progress with margin profile: Margins at all levels, Gross, Contribution, and Adjusted EBITDA all saw improvement in 2022.

Key Points: 
  • Continued positive progress with margin profile: Margins at all levels, Gross, Contribution, and Adjusted EBITDA all saw improvement in 2022.
  • Operational improvement strategies implemented in 2022 began to show results in the second half of the year, resulting in continued margin profile improvement that will have significant impact in 2023.
  • Lanvin: Gross profits increased to €61 million, at a margin of 50%, from €34 million, at a margin of 47%, in 2021.
  • Many of the "nuts and bolts" initiatives started in 2022 will reach completion in 2023 resulting in continued margin improvement.

China International Consumer Products Expo Signals the Arrival of Consumption Recovery. Fosun's Approach to Ride on the Momentum of Consumption Recovery

Retrieved on: 
Thursday, April 13, 2023

HONG KONG, Apr 13, 2023 - (ACN Newswire) - On 10 April, the third China International Consumer Products Expo (CICPE) kicked off in Haikou as scheduled.

Key Points: 
  • HONG KONG, Apr 13, 2023 - (ACN Newswire) - On 10 April, the third China International Consumer Products Expo (CICPE) kicked off in Haikou as scheduled.
  • The CICPE shows that a new round of consumption recovery may have already arrived, and new consumer trends have also emerged.
  • How will Fosun, which has many world-renowned brands and IPs, leverage its strengths to ride on the momentum?
  • Shede Spirits is presenting a number of international spirits award-winning products, including Wisdom Shede, Tunzhihu (sauce-flavored), and Shede Classic at the expo.

Delta Galil Appoints Mark Stocker as President of Branded Division

Retrieved on: 
Wednesday, February 22, 2023

Delta Galil Industries, Ltd. (DELT/Tel Aviv Stock Exchange; the “Company”), the global manufacturer and marketer of branded and private label intimate apparel, leisurewear, activewear and denim products for men, women and children, today announced that it has appointed Mark Stocker as President, Delta Galil Branded Division, effective January 30, 2023.

Key Points: 
  • Delta Galil Industries, Ltd. (DELT/Tel Aviv Stock Exchange; the “Company”), the global manufacturer and marketer of branded and private label intimate apparel, leisurewear, activewear and denim products for men, women and children, today announced that it has appointed Mark Stocker as President, Delta Galil Branded Division, effective January 30, 2023.
  • Stocker is a highly accomplished merchandising and product strategy executive whose previous experience includes leading the strategic vision for the apparel division of Macy’s.
  • He will be based in New York and will report directly to Delta Galil CEO Isaac Dabah.
  • “We are excited to welcome Mark to the Delta Galil leadership team,” said Isaac Dabah, CEO of Delta Galil.

Lanvin Group Achieves Record Sales in 2022

Retrieved on: 
Friday, February 17, 2023

NEW YORK, Feb. 17, 2023 /PRNewswire/ -- Lanvin Group (NYSE: LANV, the "Group"), a global luxury fashion group with Lanvin, Wolford, St. John, Sergio Rossi, and Caruso in its portfolio of brands, today announced its preliminary, unaudited revenues for the full-year 2022.  The Group achieved revenues of €425 million, a 38% increase year-over-year versus 2021 and a 25% increase year-over-year versus 2021 on a pro forma basis assuming Sergio Rossi's full-year revenue results were included in 2021.(2)

Key Points: 
  • Omni-channel and digital strategies led to growth in all channels: Channel initiatives in 2022 expanded both DTC and Wholesale sales.
  • In 2022 the Group established a strong foundation for its retail footprint which provides a solid springboard for future retail expansion plans.
  • Global development strategy resulted in balanced growth across regions: In 2022 the Group saw significant growth in all of its geographies.
  • (2)  Lanvin Group acquired a majority stake in Sergio Rossi in July 2021 and Sergio Rossi was consolidated into Lanvin Group's consolidated revenue starting from the acquisition date.

Guo Guangchang looks back on Fosun's 30 years and reveals the future development direction of Fosun

Retrieved on: 
Monday, December 19, 2022

Market analysts believe that Fosun is actively making strategic focus in the face of the constant changes in the macro environment.

Key Points: 
  • Market analysts believe that Fosun is actively making strategic focus in the face of the constant changes in the macro environment.
  • On 15 December, Fosun held the Fosun's 30th Anniversary ONE FOSUN Family Members' Carnival.
  • In Guo Guangchang's speech on 15 December, he shared the moment of the successful acquisition of Club Med in 2015.
  • Guo Guangchang said, "BioNTech, a Germany biotechnology company, chose to cooperate with Fosun to develop the COVID-19 mRNA vaccine because they recognize Fosun Pharma's research and development capabilities and globalization strategy.

EQS-News: Wolford AG: Wolford AG Completes Management Team

Retrieved on: 
Sunday, December 18, 2022

On December 1, Valentina Rainone (44) started work at Wolford AG as Head of Finance.

Key Points: 
  • On December 1, Valentina Rainone (44) started work at Wolford AG as Head of Finance.
  • She will complete all the tasks of a Chief Financial Officer (CFO) without being a direct member of the Executive Board.
  • Wolford AG will continue to be managed by a two-member management board: Alongside Silvia Azzali, Chief Commercial Officer (CCO) since November 2019, Paul Kotrba is acting as Chief Operation Officer (COO) on an interim basis.
  • As COO of Wolford he will be in charge of Supply Chain and Production, Legal, Investor Relations, IT, as well as of the Project Management Office.

Club Med Kiroro Peak Opens in Hokkaido, Japan, Lanvin Group Lists on the New York Stock Exchange, Guo Guangchang looks back on Fosun's 30 years and reveals the future development direction of Fosun

Retrieved on: 
Friday, December 16, 2022

On the morning of 15 December, Club Med under Fosun Tourism Group opened Club Med Kiroro Peak in Hokkaido, Japan, which is the fifth resort newly opened by Club Med this year.

Key Points: 
  • On the morning of 15 December, Club Med under Fosun Tourism Group opened Club Med Kiroro Peak in Hokkaido, Japan, which is the fifth resort newly opened by Club Med this year.
  • In Guo Guangchang's speech on 15 December, he shared the moment of the successful acquisition of Club Med in 2015.
  • "The acquisition of Club Med is an important milestone in Fosun's globalization history, and Club Med is our first brand with global significance."
  • He said, "I believe that the significance of Club Med and Fosun Tourism Group is far beyond resorts, it represents a new way of life for families."

EQS-News: Wolford AG: Management Board welcomes resolved capital increase

Retrieved on: 
Thursday, December 1, 2022

Bregenz, December 1, 2022: The Extraordinary General Meeting of Wolford AG today voted in favor of a capital reduction and a subsequent capital increase.

Key Points: 
  • Bregenz, December 1, 2022: The Extraordinary General Meeting of Wolford AG today voted in favor of a capital reduction and a subsequent capital increase.
  • The capital increase is to be implemented in the first quarter of 2023.
  • Upon implementation of the capital increase, the Company will receive up to 20,157,450.00 euros.
  • "Wolford AG will receive up to EUR 20.2 million as part of these capital measures, which will increase the equity ratio to around 10 percent.

BPL Supports the Immune Deficiency Foundation Research Grant Program for Second Year in a Row

Retrieved on: 
Wednesday, November 2, 2022

DURHAM, N.C., Nov. 2, 2022 /PRNewswire/ -- Bio Products Laboratory (BPL), a leading manufacturer of plasma-derived protein therapies with US Offices in Durham, NC, announced today its support of the Immune Deficiency Foundation (IDF) Research Grant Program for the second year in a row.

Key Points: 
  • DURHAM, N.C., Nov. 2, 2022 /PRNewswire/ -- Bio Products Laboratory (BPL), a leading manufacturer of plasma-derived protein therapies with US Offices in Durham, NC, announced today its support of the Immune Deficiency Foundation (IDF) Research Grant Program for the second year in a row.
  • The research funded through this program will advance IDF's mission to improve the diagnosis, treatment, and quality of life of persons with primary immunodeficiencies."
  • For more information about the IDF Research Grant Program, contact Christopher Scalchunes at [email protected] .
  • The Immune Deficiency Foundation improves the diagnosis, treatment, and quality of life of people affected by primary immunodeficiency through fostering a community empowered by advocacy, education, and research.